KBC Arkiv invests EUR500,000 in Dilhome

KBC Arkiv has provided EUR500,000 in the form of a warrantless mezzanine to nursing home Dilhome to support the construction of a new house. KBC Bank is the senior debt-financing bank of Dilhome.

Dilhome is a nursing and rest home founded in 1990 in Dilbeek. Inititially the house had five accommodations for invalid, semi-valid and senile people. Of the 21 rooms today, 14 are single rooms and seven double rooms.

The new capital raised will be used to build a 90-room house on land adjacent to the current buildings. Construction started in September and should be complete in autumn 2009. In 2007, Dilhome had 12 staff and recorded a turnover of EUR1m.

Philippe de Vicq and Emmanuel Damman led the transaction for KBC Arkiv. Stephane Dekoster is Dilhome's founder and administrator.

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